Hotels and Motels for sale

View the "Substantial Detached Character Hotel For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Substantial Detached Character Hotel For Sale

  • Freehold Price: £695,000
Seller Reference: 6003
Request DetailsEmail email
Business Description
 
 
 
 
 
 
 
Image 1 of 7 video_library
Seller Reference: 6003
Request Details
Business Description
THE PROPERTY
The 17th Century Hotel is an impressive landmark detached building with origins reputed to date back to 1644. This attractive and traditional hotel is well presented throughout and has been the subject of upgrade, improvement, noteably including a recently installed commercial kitchen. The business currently trades on a bed and breakfast only basis offering 7 Letting Bedrooms all with Private Facilities, a 3 Bedroom Family Letting Suite combined with a most impressive 4 Double Bedroom Family Sized Owner's House with Sitting Room and Dining Room. This deceptively spacious character property also offers:-Breakfast/Dining Room (24), Lounge Bar Area (34), well equipped Commercial Catering Kitchen with ancillary facilities and a Guest Lounge. Externally, the property benefits from a Private Car Parking to the front and rear for approximately 30 vehicles, 5 Caravan/Motorhome Hardstandings with electrical hookups, Covered Patio Terrace (20) and Lawned Gardens to the rear with views over The Blackdown Hills, a Double Garage and a Substantial Outbuilding/Store Room.

SITUATION
The 17th Century Hotel is located in a prominent landmark trading position between the towns of Tiverton and Wellington, on the A38, which is a busy tourist and commuter route into and out of the Westcountry and is approximately 3 miles north of Junction 27 of the M5 motorway, the A361 North Devon link road and Tiverton Parkway Railway Station. The business is therefore conveniently placed to explore Exmoor, Dartmoor, Brendon Hills, Quantocks Hills and Blackdown Hills which are all designated Areas of Outstanding Natural Beauty. The cities of Exeter and Taunton are within a 30 minute drive.

A major retail and leisure development is planned for Junction 27 of the M5 and undoubtedly this will be beneficial to the business.

INTERNAL DETAILS
Entrance doors to the front and side leading to Entrance Hall with stairs to upper floors and doors to Lounge Bar Area, a character room in two areas with snug type bar area with feature window seating, carpeted flooring, double doors to rear patio terrace, woodburning stove, wall lights, range of freestanding wooden tables and upholstered wooden chairs comfortably seating 34 customers. Bar Servery with double glass fronted bottle fridge, stainless steel sink unit, glasswasher, electronic cash register, optics and display shelving. Breakfast/Dining Room a character room with carpeted flooring, feature fireplace (disused), fridge, range of free standing wooden tables, upholstered wooden chairs comfortably seating 24 customers. Ladies, Gents and Disabled WCs. Commercial Kitchen with Altro flooring and part tiled walls, recently fitted with a comprehensive range of commercial catering equipment to include:- 6-burner gas range, Synergy grill, eye level grill, extractor system with canopy over and gas interlock system, twin floor standing deep fat fryer, twin table top deep fat fryer, plate warming cabinet, stainless steel workbenches with shelving below, 2 commercial microwave ovens, heated serving gantry, stainless steel racked shelving, stainless steel wall shelving, hand basin and twin deep bowl stainless steel sink unit. Bottle Store. Beer Cellar temperature controlled on the ground floor with racked shelving and ice machine. Dry Goods Store with extensive racked shelving.

LETTING ACCOMMODATION
The business offers 7 well appointed letting bedrooms, 5 fully en-suite and 2 with private bathrooms, as well as a 3 bedroom family suite with bathroom. Each of the letting rooms offer remote control flat screen digital televisions and courtesy trays and briefly comprise:- Bedroom 4 - a twin room on the first floor with an En-Suite Shower Room. Bedroom 5 - a double room on the first floor with an En-Suite Shower Room. Bedroom 6 - a single room on the first floor with an En-Suite Shower & WC. Bedroom 7 - a double room on the second floor with an En-Suite Shower Room. Bedroom 8 - a double room on the second floor with Separate Shower Room opposite. Bedroom 9 - a family room to sleep 5 on the second floor with an En-Suite Shower Room. Bedroom 10 a twin room on the second floor with Private Bathroom. Guest Lounge on the first floor with comfy sofas for 8 guests and colour television. Family Suite on the first floor comprising 2 Twin/Double Bedrooms, Single Bedroom and a Family Bathroom.

PRIVATE ACCOMMODATION
(To the rear of the property, self-contained but also with an interconnecting stairwell and hallway). A real feature of this business is the extensive, spacious and well appointed owners house which provides superior family sized living accommodation and briefly comprises:- Sitting Room with exposed ceiling timbers, double doors leading out to rear Patio and Garden, extensive views over the Blackdown Hills, part exposed stone walls, Living Flame feature gas fire in wood surround. Dining Room with exposed ceiling timbers and double doors to rear private patio and private owners garden and extensive views over the Blackdown Hills. WC. On the first floor is Bedroom 1 - a double room with dual aspect to the side and rear and extensive views over the Blackdown Hills, built in bedroom furniture and an En-Suite Shower Room. Bedroom 2 - a small double room with aspect to rear and views over the Blackdown Hills. Bedroom 3 - a double room with aspect to the rear and views over the Blackdown Hils. Bedroom 4 - a large double room with aspect to the front and rear and views over the Blackdown Hills. Family Bathroom with shower over bath.

EXTERNAL DETAILS
To the front of the property is Car Parking Area with marked spaces for 7 vehicles together with Owners Private Parking Area for 2 or 3 vehicles which in turn leads to a tandem Double Garage with 2 upright freezers, 3 chest freezers, 2 upright fridges and a washing machine. A driveway to the side of the property leads to a part covered Patio Terrace that leads from the lounge bar area with pagoda and patio furniture providing al fresco dining for 20 customers. Beyond this is a tarmac Customer Car Park with space for 20 plus vehicles. Around the perimeter of the car park are 5 Caravan/Motorhome Hardstanding Pitches each with electric hook-up. Adjacent to the car park is a substantial detached brick-built Store and beyond this is an enclosed Lawned Garden with views over the Blackdown Hills and the surrounding countryside. Further Lawned Garden to the rear of the owner's house with paved Patio Area and enclosed lawned garden with extensive views of the Blackdown Hills and the surrounding countryside.

THE BUSINESS
The 17th Century Hotel is a landmark hotel which has been substantially extended over recent years. The business occupies a prominent trading position which attracts trade year-round and the business enjoys excellent levels of regular repeat business together with word of mouth recommendations and benefits from a boost during the peak summer months. Previously run as a hotel with bar and restaurant, our clients have chosen to trade the business on bed and breakfast only basis for the last year or so, due to ill health and in order to fit in with their personal lifestyle. The business has been awarded a 5 Star Food Hygiene rating and it has its own website which is in turn linked to a number of accommodation booking websites, from which trade is derived.

TRADING INFORMATION
Through personal choice and due to personal circumstances, our clients have deliberately restricted the trade, by trading on a bed and breakfast only basis. Accounting information can be made available to interested parties following a formal viewing.

CURRENT STAFFING
The business is run by our clients, a husband and wife partnership, with no staff employed.

EPC
C-68.

POTENTIAL
The 17th Century Hotel is a well-regarded business which offers tremendous potential for future growth in trade levels and the opportunity to re-establish the bar and restaurant trade, for which demand exists. There are also opportunities, subject to the necessary consents, for alternative uses. The sale of The 17th Century Hotel represents an excellent opportunity to purchase a well established and well regarded character business in an extremely desirable area with excellent family sized living accommodation and an internal inspection is highly recommended in order to fully appreciate all that this substantial and versatile property has to offer.

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website

SERVICES
All main services, with the exception of mains drainage are connected to the subject property. Septic tank drainage.

PRICE & TENURE
£695,000 for the valuable freehold business as a going concern business and full trade inventory. Vacant possession upon completion.

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents Tel: Email:
You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether it is still available.

FINANCE
An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.
Number of employees:
Non
Is accommodation included?:
Yes
Number of bedrooms:
14
Location Details:
The 17th Century Hotel is located in a prominent landmark trading position between the towns of Tiverton and Wellington, on the A38, which is a busy tourist and commuter route into and out of the Westcountry and is approximately 3 miles north of Junction 27 of the M5 motorway, the A361 North Devon link road and Tiverton Parkway Railway Station. The business is therefore conveniently placed to explore Exmoor, Dartmoor, Brendon Hills, Quantocks Hills and Blackdown Hills which are all designated
Is this business home based:
Yes
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image